DWFLabs Abstract The entire crypto ecosystem is evolving rapidly, and the role of reliable, decentralised interoperability protocol like Synapse is becoming increasingly crucial. DWF Labs recognizes the groundbreaking work of Synapse and thus would like to propose a strategic partnership that leverages DWF Labs’ expertise in market making, liquidity provision, and ecosystem support to enhance Synapse’s market presence and utility in the crypto space. About DWF Labs DWF Labs is a leading cryptocurrency trading firm and market maker. DWF Labs focuses on supporting the growth and development of promising Web3 and DeFi projects and expertise spans across liquidity provision, token design, exchange listings, PR/Marketing, and code and security audits. We have successfully partnered with numerous high-profile projects, bringing enhanced liquidity and market presence. We’ve partnered with different players from the blockchain ecosystem, including but not limited to TON, Fetch.ai, Theta Labs, Algorand, and Merit Circle/BEAM. Some of our partnerships are highlighted in the links below: DWF Labs Partner with Algorand Foundation to Boost the Algorand Ecosystem GalaChain Levels Up: Partnering with DWF Labs for Ecosystem Growth Summary and Objectives DWF Labs excels in dynamic prop trading, employing varied strategies in both CeFi and DeFi, including liquidity provisioning in CEXs, cross-venue arbitrage, and HFT. Both DWF Labs and our venture arm oversee a broad portfolio that includes DeFi, gaming/NFTs, infrastructure, consumer applications, and RWAs. Hence, DWF Labs would like to support Synapse’s liquidity to assist in minimising costs of onboarding new DAO participants and contributors. Specifications For Strategic Partnership Enhancing SYN Token Liquidity: Utilising DWF Labs’ market-making expertise, DWF Labs aims to increase the liquidity of Synapse’s native token across multiple exchanges on different CEXs it is listed on (excluding those serving American users). The Synapse loan will be USD 500K notional amount of SYN Tokens with a period of 12 months. The exact number of tokens loaned will be determined based on the price at the time in which the loaned tokens are transferred to DWF Labs. European Call options (expires at end of term) · 100% of loaned tokens at a strike price of 7dTWAP * 150% premium
